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Lot 18

Site with Planning for 4 houses close to Hampstead borders
Completion 9th January 2019

Situation

Wycombe Gardens is one of the most sought after locations in Golders Green. This tree lined road is within 1 mile of Hampstead Village and one road away from NW3. There is an abundance of green spaces within walking distance including Hampstead Heath and Golders Hill Park. Ideally located for transport links, minutes away from Golders Green Underground, Bus & Coach Station and within easy reach of both Brent Cross Shopping Centre and London's West End.
Furthermore, there are many highly regarded and sought after private schools in Hampstead Village and on Fitzjohn's Avenue within easy reach.
This is an area where New Build family houses are rare to find and come at a premium.

Property

A 7,485 sq ft Site with which currently accommodates a substantial detached two storey house with garage and roof terrace that was used as 2 Self-Contained Flats.

Gross Frontage 105 Ft

Accommodation

Ground Floor Flat
3 Rooms (1 with ensuite), Kitchen/Diner, Bathroom/WC and Utility Room.
First Floor Flat
4 Rooms (1 with ensuite), Kitchen/Diner, Bathroom, sep. WC and Roof Terrace.

Plus Garage

VAT is NOT applicable to this Lot

Freehold offered with Vacant Possession

Planning

Planning Consent was granted on 10th September 2018 for ‘Demolition of existing building and erection of 4 dwellings with rooms at basement level and roofspace. Associated refuse and recycling'.

The Planning would enable the construction of 4 semi-detached family houses, each in excess of 2,000 sq ft with a total Gross Internal Area of 9,141 sq ft.

The houses are designed to offer state of the art family living, and provide sought after new build modern family homes. Each house will have a private garden and off street parking (total 6 spaces).

They will comprise of 4 bedrooms, 3 bathrooms, 4 WC's, cinema room, reception room, kitchen/diner/family room with direct access to a south facing private garden.

Plans and Consent Documentation including CIL payment available from the Auctioneers.

Comparables:
• 12 Wycombe Gardens sold in October 2015 for £2,020,000.
• 6 Wycombe Gardens sold in March 2016 (unmodernised) for £1,825,000.
• 29 Hermitage Lane, NW2 (new build) sold in 2018 for £2,125,000. (2,540 sq ft, i. e. £836 per sq ft).

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

15 Wycombe Gardens, Golders Green, London NW11 8AN